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3 answers

There are no crystal balls, no pot of gold at the end of the rainbow, and there is no one indicator that will make you a success.

You would do well to forget trying to "predict" anything, and concentrate instead on what to do when price hits certain Support and Resistance areas, or retracement levels, and define the trend instead.

You can very well define "targets," but this is not a prediction.

Instead of concentrating on how much money you're going to make with your sci-fi predictions, concentrate instead on risk, and you may just stay in the game long enough to learn something.

Try out your ideas on a simulator at Investopedia.com

2006-09-02 09:20:51 · answer #1 · answered by dredude52 6 · 0 0

No, what you see that movie Pi?

People do make really good guess as you might see some of those hedgefunds people do. You could predict some trends, but never exact numbers.

See the movie Pi if you haven't. It really doesn't say much, but pretty cool low budget sci fi movie.

2006-09-01 20:33:19 · answer #2 · answered by Anonymous · 0 0

A good trader sets up an action plan, yet he or she is ready to change it at the first sign that the market proves it wrong.
So first design your strategy to try to anticipate movements, then depending of the course of action you have be ready to react either sticking to your prediction because is going right, changing your positions because is wrong or waiting for a movement to validate any position.

2006-09-02 18:55:59 · answer #3 · answered by lguerraburgos 2 · 0 0

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